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M Split (TSX:XMF.PR.B.PFD) 5-Year Yield-on-Cost % : 7.59 (As of May. 19, 2024)


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What is M Split 5-Year Yield-on-Cost %?

M Split's yield on cost for the quarter that ended in Nov. 2023 was 7.59.


The historical rank and industry rank for M Split's 5-Year Yield-on-Cost % or its related term are showing as below:

TSX:XMF.PR.B.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 7.59



TSX:XMF.PR.B.PFD's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.895 vs TSX:XMF.PR.B.PFD: 7.59

Competitive Comparison of M Split's 5-Year Yield-on-Cost %

For the Asset Management subindustry, M Split's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M Split's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M Split's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where M Split's 5-Year Yield-on-Cost % falls into.



M Split 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of M Split is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

M Split  (TSX:XMF.PR.B.PFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


M Split 5-Year Yield-on-Cost % Related Terms

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M Split (TSX:XMF.PR.B.PFD) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
M Split Corp is a mutual fund corporation established in Canada. The fund seeks to provide holders with regular monthly cash dividends. In order to achieve its objectives, the company will invest the net proceeds of the offerings in common shares of Manulife.

M Split (TSX:XMF.PR.B.PFD) Headlines

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